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Tuesday, December 2, 2003
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VOLUME 3
ISSUE 233
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Investigations Aplenty
As one concludes, another opens
HARTFORD, Conn. -- An investigation concluded last week that there was no evidence of price gouging among Connecticut gas station owners during a swift and steep surge in gasoline prices around Labor Day, reported the Hartford Courant.
But even as that investigation concluded, the state attorney general’s office subpoenaed six major gasoline suppliers as part of a new probe into possible price collusion as Connecticut switches to a new blend of fuel, said the report.
FULL STORY
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Subway Bumps Pepsi for Coke
Fountain deal gives Coca-Cola the three largest fountain accounts in U.S.
ATLANTA -- In the latest volley of the cola wars, the Coca-Cola Co. announced a deal yesterday to become the exclusive supplier of fountain drinks to Subway restaurants, wooing the chain away from its partnership with the PepsiCo, reported the New York Times.
The deal, which will put Coca-Cola fountain drinks in Subway’s 20,000 restaurants around the world, will be effective in 2005. Pepsi had been the primary provider of fountain drinks served in the Subway chain since 1988, the report said, although Coca-Cola did supply about 15% of the restaurants with fountain drinks, bottles and cans.
FULL STORY
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